In a new twist to the takeover battle for Baffinland Iron Mines (bim-t), former rivals Nunavut Iron Ore and ArcelorMittal (mt-n) are teaming up in a joint bid.”It’s been an interesting week,” Nunavut Iron chairman Bruce Walters remarks with…
Thermo Fisher Scientific (tmo-n) will demonstrate its newest Niton handheld XRF analyzers at Mining Indaba 2011 on Feb. 7-10 at the Cape Town International Convention Centre in South Africa.The analyzers can quickly determine the elemental…
Precious-metals companies may have taken a hit during the Jan. 10-14 trading week but for companies with iron ore, copper, uranium and potash assets, the numbers looked pretty good. The TSX Composite index climbed 191.76 points or 1.45% to…
The S&P-TSX Venture composite index climbed 45.57 points over the Jan. 10-14 period, ending at 2275.45.The board was humming with activity, with a daily trading average of more than 200 million shares. Some 19 Venture-listed juniors hit…
As European stocks advanced for the second straight week, banks and technology companies, led by JPMorgan Chase, sent U.S. stock indexes higher, marking a seventh week of gains.The Dow Jones industrial average gained 112.62 points to close the…
STOCK EXC BID ASK LAST HIGH LOW
Princeton, B.C. – Since 2006 Copper Mountain Mining (cum-t) has been quietly but confidently building a large, open-pit mine near Princeton and within six months British Columbia will have its first major new metal mine in years.Well, mostly…
If Cliffs Natural Resources (clf-n) is successful in its bid for Consolidated Thompson Iron Mines (clm-t) and its Bloom Lake mine on the south end of the Labrador Trough, it will in one stroke acquire a world-class orebody containing high-grade…
Mining consultancy firm SRK has appointed Michael Armitage as chairman.Armitage, a geologist by profession, has worked in the industry for 25 years, 20 of them at SRK. He replaces SRK’s chairman of 15 years, Nick Rigby.”I bring to the role an…
Results for the remaining 21 holes completed during a first pass of drilling on the Julia vein target confirm Mirasol Resources (mrz-v) has made a significant high-grade silver discovery at its wholly owned Virginia project in Argentina’s Santa…
The proposed merger of Inmet Mining (imn-t, iemf-o) and Lundin Mining (lun-t), which both companies describe as a “merger of equals,” would create a large base-metal producer in Canada that would replace the likes of those that Canada has lost…
Golden Dawn Minerals (gom-v) wants to breathe mining life back into Greenwood, B.C., for the third time. The small town of some 600 souls in south-central B.C. saw its fortunes swell at the turn of the last century and again in the 1950s, both…
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